SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRobot Corporation

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against iRobot Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements related to the company's financial stability and restructuring efforts [3][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $50,000 in iRobot between January 29, 2024, and March 11, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against iRobot, with a deadline of September 5, 2025, for investors to seek the role of lead plaintiff [3]. - The complaint alleges that iRobot overstated the effectiveness of its Restructuring Plan and failed to disclose significant doubts about its ability to operate profitably as a standalone company [5]. Group 2: Financial Performance and Market Reaction - iRobot reported a loss of $2.06 per share on revenue of $172 million for the fourth quarter of 2024, marking a 44% year-over-year decline [6]. - Following the financial results announcement, iRobot's stock price dropped by $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [7]. - The company expressed substantial doubt about its ability to continue as a going concern for at least 12 months from the issuance of its consolidated 2024 financial statements [6].